The residential real estate market in the city and its surrounding areas has started 2025 on a positive note, showing strong recovery and rising buyer confidence. A recent industry report highlighted sharp growth in registrations, steady sales of residential units, and a resilient housing market during the January–March 2025 period.

Projects nearing completion or ready-to-occupy continued to be preferred among buyers. Recent reductions in the repo rate by the Reserve Bank of India, along with revised income tax slabs, have further boosted buyer sentiment, particularly among first-time homebuyers.

Sales of residential units grew 7% quarter-on-quarter to 3,783 units, and showed a 27% year-on-year increase. Southern suburbs accounted for the majority of project registrations, driven by improved infrastructure, including the Metro Phase II project.

The report noted that the government's focus on inclusive urban development and new infrastructure investments in suburban corridors is enhancing livability and making homeownership more accessible. This momentum is expected to continue into the next quarter, with infrastructure-led locations attracting renewed interest from investors and end-users.

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